Xilinx, Inc.

Xilinx IPO

Xilinx, Inc. is an American technology company that specializes in designing and manufacturing programmable logic devices and associated technologies.

The company was founded in 1984 by Ross Freeman, Bernard Vonderschmitt, and James V Barnett II.

It went public with its initial public offering (IPO) on January 19, 1990.

The IPO was a significant milestone for Xilinx, providing the company with the necessary capital to fuel its growth and innovation.

Xilinx IPO Prospectus

A prospectus is a formal document required by and filed with the Securities and Exchange Commission (SEC) that provides details about an investment offering to the public.

You can find Xilinx’s Prospectus here.

Company Overview & History

Xilinx is a global leader in the field of programmable logic solutions.

The company’s flagship product line is the Field-Programmable Gate Array (FPGA), which is a type of semiconductor device that can be programmed and reprogrammed to perform a wide range of tasks.

Xilinx FPGAs are widely used in various industries, including aerospace, automotive, data centers, telecommunications, and more.

Over the years, Xilinx has played a crucial role in driving advancements in the semiconductor industry.

The company’s dedication to research and development has resulted in numerous innovations that have shaped modern computing and data processing.

Xilinx continues to push the boundaries of programmable logic, enabling its customers to develop highly customizable and power-efficient solutions for their specific needs.

Financial Performance

Year	Revenue($B)	Net Income($B)	EBITDA($B)	Operational Cash Flow($B)
2021	3.15	0.646	1.04	1.15
2020	3.16	0.793	1.17	1.21
2019	3.06	0.890	1.24	1.29
2018	2.54	0.512	0.92	0.97
2017	2.35	0.623	0.91	0.96
2016	2.21	0.541	0.82	0.87
2015	2.38	0.540	0.82	0.87
2014	2.38	0.631	0.91	0.96
2013	2.16	0.487	0.77	0.82
2012	2.24	0.559	0.84	0.89
2011	2.23	0.530	0.81	0.86
2010	2.37	0.614	0.89	0.94
2009	1.82	0.358	0.63	0.68
2008	1.84	0.378	0.65	0.70
2007	1.84	0.377	0.65	0.70
2006	1.84	0.377	0.65	0.70
2005	1.58	0.285	0.52	0.57
2004	1.65	0.313	0.55	0.60
2003	1.21	0.120	0.32	0.37
2002	1.16	0.101	0.30	0.35
2001	1.02	0.066	0.26	0.31
2000	1.07	0.076	0.28	0.33
1999	0.97	0.054	0.24	0.29
1998	0.85	0.034	0.21	0.26
1997	0.62	0.012	0.15	0.20
1996	0.56	0.009	0.14	0.19
1995	0.50	0.006	0.13	0.18
1994	0.44	0.004	0.12	0.17

Business Model

Xilinx operates as a fabless semiconductor company, which means it focuses on designing and developing semiconductor chips while outsourcing their manufacturing to specialized foundries.

This business model allows the company to concentrate on its core competencies in design and innovation while leveraging the manufacturing expertise of established semiconductor foundries.

Additionally, Xilinx generates revenue through the sales of its programmable logic devices, development boards, and related software tools.

The company offers a range of product families tailored to various market segments, catering to the diverse needs of its customers.

Xilinx also provides comprehensive technical support and training to assist its clients in harnessing the full potential of its programmable solutions.

Market Cap Over the Years

Year	Market Cap($B)
2022	33.4
2021	33.4
2020	25.7
2019	25.7
2018	18.3
2017	18.3
2016	15.1
2015	15.1
2014	14.4
2013	14.4
2012	8.9
2011	8.9
2010	6.3
2009	6.3
2008	5.5
2007	5.5
2006	5.8
2005	5.8
2004	7.1
2003	7.1
2002	3.9
2001	3.9
2000	6.2
1999	6.2
1998	3.1
1997	3.1
1996	1.9
1995	1.9
1994	1.2
1993	1.2

Risk Factors

Like any technology company, Xilinx faces certain risk factors that could impact its operations and financial performance.

Some of the key risk factors include market competition, rapid technological changes, global economic conditions, and supply chain disruptions.

Additionally, as Xilinx relies on outsourced manufacturing, any issues with its foundry partners could affect product availability and production costs.

Market Opportunity

The market opportunity for Xilinx lies in the growing demand for customizable and high-performance semiconductor solutions.

As industries continue to evolve and demand faster and more efficient processing capabilities, Xilinx’s programmable logic devices are well-positioned to meet these requirements.

Moreover, the increasing adoption of technologies like 5G, artificial intelligence, and the Internet of Things (IoT) opens up new avenues of growth for Xilinx, as these applications heavily rely on flexible and programmable hardware.

Competitors

• Intel Corporation
• Lattice Semiconductor
• Microchip Technology Inc.
• QuickLogic Corporation
• Achronix Semiconductor Corporation
• Silicon Laboratories Inc.
• Altera (now part of Intel)
• QuickLogic Corporation
• Flex Logix Technologies, Inc.

Key/Fun Company Facts

• Xilinx’s FPGA technology was instrumental in powering the hardware of the Mars Rover missions, enabling the rovers to perform complex tasks on the red planet.
• The company’s headquarters are located in San Jose, California.
• Xilinx has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact.
• The Xilinx University Program provides educational resources and support to universities and researchers to foster innovation and learning in the field of programmable logic.
• Xilinx has a vibrant and diverse employee community, fostering a culture of innovation and collaboration.